538: Starting a 6-Figure Car Rental Business on the Side
Oct 27, 2022, 09:00 AM
Your next income stream might be sitting right in your driveway…
This week we’re talking about how to get your piece of a $100 billion market.
It’s the same model practiced by Hertz, Avis, Enterprise, National: renting cars out for a profit.
It’s a business with lots of built-in demand, and new platforms like Turo help put your car or cars in front of that demand and get paid.
Two years ago, Kirtis Murphy of FamilyTalksAuto.co decided to give this a shot on the side.
He started with his personal vehicle, and since then and with the help of a couple of partners has grown it to a 6-figure business that now has 14 cars in its fleet.
Tune in to The Side Hustle Show interview to hear:
- how you can get started renting out your car for cash
- how to protect yourself and your vehicle assets
- Kirtis’ tips for setting yourself up for profitability and scaling your operation
Sponsors:
- EXCLUSIVE NordVPN Deal ➼ https://nordvpn.com/hustle Try it risk-free now with a 30-day money-back guarantee!
- Freshbooks.com – Start your 30-day free trial today!